24 Washington Ave Holyoke — Photo 1 of 42
$389,900
Investment Analysis — 24 Washington Ave
Holyoke, MA 01040
Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a 5-bedroom in 01040 carries an estimated $2,280/mo in gross rent — about a 4.16% cap rate and $16,220/yr in estimated NOI at the $389,900 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
2
SqFt
2,208
Style
Single Family
Built
1900
Welcome to this beautifully renovated 5-bedroom home offering the perfect blend of classic character and modern comfort. Step inside to a bright, inviting main level featuring a spacious living room, dedicated dining room with charming built-in bench seating, and a completely updated kitchen with crisp cabinetry, modern finishes, and abundant natural light. The second floor offers three generously sized bedrooms and a full bath, while the renovated third-floor attic adds two additional bedrooms plus a versatile landing that can serve as a home office, study, or flex space. With two full bathrooms located on the first and second levels, and thoughtful updates throughout, this home is truly move-in ready. Gleaming hardwood floors, fresh neutral finishes, a welcoming covered front porch, second-floor balcony, and fenced outdoor space add to its appeal. A rare opportunity to own a spacious, fully renovated five-bedroom home with flexible living space and plenty of room to grow.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,208 sq ft principal dwelling). Lot size: 5,240 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Microwave • Refrigerator • Range Hood
Neighborhood
Public Transportation • Shopping • Medical Facility • Highway Access • House of Worship • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstFlooring - Hardwood, Remodeled, Lighting - Overhead, Pocket Door
Dining Room
Lvl Main,FirstCloset/Cabinets - Custom Built, Flooring - Hardwood, Remodeled, Lighting - Overhead, Pocket Door
Kitchen
Lvl Main,FirstBathroom - Full, Flooring - Stone/Ceramic Tile, Pantry, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Remodeled, Stainless Steel Appliances, Gas Stove, Lighting - Overhead
Master Bedroom
Lvl SecondCeiling Fan(s), Closet, Flooring - Hardwood, Remodeled, Lighting - Overhead
Bedroom 2
Lvl SecondBedroom 3
Lvl ThirdCeiling Fan(s), Closet, Flooring - Hardwood, Remodeled, Lighting - Sconce, Lighting - Overhead
Bedroom 4
Lvl ThirdCloset, Flooring - Wall to Wall Carpet, Remodeled, Lighting - Overhead
Bedroom 5
Lvl ThirdCloset, Flooring - Wall to Wall Carpet, Remodeled, Lighting - Overhead
Bathroom 1
Lvl Main,FirstBathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Remodeled, Lighting - Overhead
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Remodeled, Lighting - Sconce, Lighting - Overhead
Listing Agent: Marta James
Listing Office: Gallagher Real Estate
MLS® Number: 73566433
